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Fund for Our Economic Future Expresses Support of New Team NEO CEO

CLEVELAND--June 5, 2015--The Fund for Our Economic Future (the Fund), a philanthropic collaboration dedicated to advancing economic growth and increased access to opportunity in Northeast Ohio, on Friday expressed its support of the new CEO of Team NEO, William "Bill" R. Koehler. The Fund is a partner in Team NEO, a collaborative effort between Northeast Ohio's business and philanthropic sectors and JobsOhio. 

A 25-year veteran of the banking industry, Koehler most recently served as president of KeyBank's Community Bank. Koehler currently serves as chairman of College Now Greater Cleveland. He also serves on the boards of Friends of Breakthrough Charter Schools, Urban Community School and St. Ignatius High School. Koehler received his MBA from Columbia Business School and a bachelor's in economics from Harvard University. He will begin his post at Team NEO on June 15. 

In announcing Koehler's appointment on Friday, Team NEO Chair James R. Clay, of Fund member Westfield Group, and the search committee expressed confidence that Koehler will prove to be an effective leader of this important Northeast Ohio collaboration. The search committee included Fund member representatives William R. Seelbach, a senior advisor to The Riverside Company, trustee of The George W. Codrington Charitable Foundation and vice chair of the Fund, Alex Johnson, president of Cuyahoga Community College, and Deborah Hoover, president and CEO of The Burton D. Morgan Foundation. 

"The weight of this role is not lost on Bill," said Hoover, Team NEO initiative leader for the Fund. "He considered this position very carefully and will bring the kind of team leadership, expertise and service orientation needed to guide Team NEO and advance our regional economic competitiveness strategy."

In his new role, Koehler will be charged with coordinating efforts of business development entities across Northeast Ohio and facilitating their access to a range of regional strengths that can help companies grow and local residents to fill jobs. An essential component of this task is ensuring that opportunity for those jobs reaches all segments of our region's population. 

The Northeast Ohio business and philanthropic communities, along with JobsOhio, established Team NEO at the end of 2014 to advance a regional economic competitiveness strategy aimed at accelerating job growth and outperforming the national economy. Grant Goodrich, formerly of the Fund, has served as interim CEO since then. 

About the Fund for Our Economic Future

The Fund for Our Economic Future is a collaboration of funders, including private, community and corporate foundations, higher education institutions, health care systems, corporations, and individuals, dedicated to advancing economic growth and equitable access to opportunity for the people of Northeast Ohio through research, convening and grantmaking. Since its founding in 2004, the Fund has raised more than $100 million for improving regional economic competitiveness. The Fund's efforts have helped retain and create more than 16,700 jobs, generate nearly $650 million in payroll, and attract nearly $3.5 billion in capital to Northeast Ohio. 

Media Contact

Sara Lepro
Manager of Communications
216.456.9806
slepro@thefundneo.org